Homeowners facing foreclosure are showing multiple factors contributing to their situation. The majority experience a job loss together with other circumstances such as divorce or health problems that led to homeowner distress, according to a study for the Florida Realtors.
Other findings:
20% had incomes between $50,000 and $75,000
20% had incomes greated than $100,000
55% had attended college or graduated
92% were married
35% had lived in their homes for 10 years or more
40% had lived in their homes 5 years or less
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